Paying too much for accounting? Is someone in the business doing all the admin? Do you want an app but don't know where to start? Then this blog is for you.
Managing finances is a crucial aspect of any business, regardless of its size or industry.
We hear all the time how challenging running a trade business is. There’s the job itself, the paperwork, the finances, and new technology... it can all be a little daunting!
That’s where we are going to help you.
Some people think that using an app to run a business is impossible to learn...that it will take ages and slow down what they are currently doing.
If you are still using outdated methods or relying on manual processes, you are likely overpaying for accounting services.
Fortunately, with the advent of modern technology, there are now several efficient and cost-effective accounting apps (like Powered Now) available that can streamline your business operations and help you save time and money.
Tired of drowning in accounting and admin tasks? Here are some tips to help you streamline your accounting processes and choose the right app for your business.
Assess Your Needs and Goals
The first step in choosing the right accounting app or software for your business is to assess your needs and goals. Start by identifying your pain points and areas of inefficiency in your current accounting processes.
Consider factors such as the number of transactions you process each month, the complexity of your business structure, and the type of financial reports you need to generate.
This will help you narrow down your options and select an app that best suits your specific requirements.
Research Your Options
Once you have a clear understanding of your needs and goals, you can begin researching accounting apps that meet your criteria.
There are several options available in the market, ranging from basic bookkeeping software to advanced accounting suites. Take the time to read reviews, compare features and pricing, and try out demo versions before making a final decision.
Consider Security and Data Protection
Security and data protection are critical considerations when choosing an accounting app. Make sure the app you select uses industry-standard encryption and offers secure cloud storage for your financial data.
Additionally, check if the app has a data backup and recovery system in place to protect against data loss due to system failures or cyber-attacks.
Evaluate Support and Training
Consider the level of support and training offered by the accounting app provider. Look for apps that offer comprehensive training materials, online tutorials, and dedicated support channels. This will ensure that you can make the most of the app's features and get prompt assistance if you encounter any issues or have questions.
Powered Now - More profit, less effort, digitise your business
Powered Now is an all-in-one app designed for trade businesses. We specialise in having everything in one place so you can get on with your job without having to mess around with lots of different systems or apps. It is more than just an accounting app.
With Powered Now you can invoice, quote, schedule your jobs and teams, manage, store and share your digital certificates in just a few simple clicks and more! We've made it easy to use and intuitive. Powered Now also comes with free support and training.
Powered Now has comprehensive reporting options which makes it easy to see trends in your business. All information is easily available so you can pass the information to your accountant or bookkeeper or do your own accounts!
Everything can be exported, or if you are a XERO user it can be synced to your accountancy package.
If you are a VAT-registered business you can also quickly connect to the HMRC portal and submit your own VAT return, it's super easy.
We can hold your hand from never using an app to making more profit with less hassle in 2 weeks. That’s our promise!
Our expert team can get you set up and focusing on what’s important - running your business.
Accounting costs are increasing, and we understand many trades businesses rely on their accountant to keep up with their financials.
Powered Now gives you the option to manage that detail yourself and reduce the costs!
In conclusion, choosing good job management software for your business can help you streamline your operations, reduce costs, and improve your financial management.
By assessing your needs, researching your options, looking for integration and automation, considering security and data protection, and evaluating support and training, you can find an app that meets your specific requirements and helps you achieve your business goals.